Tuesday , 29 September 2020
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Real Estate

Tough times are ahead for India’s real estate sector

Patel, who has been a partner in KPMG’s real estate deal advisory practice for nearly half a decade, put forth a timeline of 12 to 18 months where India’s real estate economy is expected to struggle with Covid-19-induced circumstances. However, he differentiated between the residential and commercial real estate segments in India, highlighting the different position for each segment. “Residential ... Read More »

Resumption of construction activity allowed in non-Covid hotspots, but real estate to still face challenges

The government must ensure that raw materials are available without any hike in cost because a sudden demand may force suppliers to push cost. The outbreak of Covid-19 pandemic and phases of lockdown were unexpected. All industries and sectors were forced to halt operations, obey social distancing, improve sanitization at societies and disinfect surroundings. After lifting lockdown partially, many developers ... Read More »

Deadline for real estate projects extended by six months

In a major relief to real estate developers in the city, the Haryana real estate regulatory authority (H-Rera) on Tuesday extended the registration and completion dates of the real estate projects registered by the authority by six months. The decision was taken following an advisory issued by the union ministry of housing and urban affairs on May 13, regarding the ... Read More »

Demand for real estate to go up in post COVID-19 world: Manoj Gaur

The Coronavirus crisis has not only altered the way we live, think, work or even socialize with others around us, but has also impacted almost every industry around the world, including real estate. However, along with its negative impact, the pandemic has opened a new era of selling real estate which was being under-utilized till now. Also, as priorities of ... Read More »

Warburg Pincus to raise stake in Asian real estate fund manager ARA

US private equity firm Warburg Pincus is raising its stake in Asian real estate fund manager ARA Asset Management Ltd (ARA) to 48.7% from 30.7%, as it seeks to capitalise on rising investor interest in property funds, both firms said in a statement. “We look forward to leveraging our strong capital base to help the business become the largest real estate ... Read More »

US-China trade war to boost real estate investments in India: Report

MUMBAI : Despite coronavirus induced economic crisis, India will continue to see higher opportunities for real estate investment as the US-China trade war will influence cross-border activity for many years regardless of the US leadership, according to a report published by Savills, a real estate consultancy firm. The ‘Impacts 2020’ report, studied the various social, environmental, demographic and technological ‘tipping ... Read More »

Supreme Court notices to Centre, RBI on plea by real estate body on loan moratorium

The Supreme Court on Friday issued notices to the Centre and the Reserve Bank of India (RBI) on a petition on the issue of loan moratorium. In its petition, the Confederation of Real Estate Developers’ Associations of India (CREDAI) sought to know if all non-banking finance companies are eligible for loan moratorium or whether banks have the discretion to give ... Read More »

How returns from gold and real estate are taxed: Key things you should know

New Delhi: Real estate, gold and fixed deposits have traditionally been the most preferred investments of Indians. In the recent past, gold has provided attractive returns due to which long term return from the yellow metal also looks attractive. However, returns from real estate have been in negative territory in the last few years. In such a situation financial planners ... Read More »

Real estate to take a dip this festive season

The ongoing Covid-19 virus mayhem and concerns over the global economy are likely to curtail a number of residential project launches across the country during the upcoming festive season of Gudi Padwa, Ugadi and Akshaya Tritiya, which usually sees several new launches. Developers are keen to focus on executing their ongoing projects rather than adding new inventory as they continue to ... Read More »

Ask Eli: Impact of Coronavirus on the Real Estate Market

Question: How will the threat of Coronavirus impact the real estate market in 2020? Answer: I wasn’t planning to write this, it seems a little click-baity (now my “Trump’s Impact on Real Estate” column has some competition!), but I got the question four different times in under 24 hours last week so here I am writing about it. Too Early To Know ... Read More »